Fed's Bostic sees no need to rush on rate cuts
Atlanta Federal Reserve Bank President Raphael Bostic said Friday he will be patient on cutting rates to make sure inflation does not stall out above the U.S. central bank's 2% target. "I'm not in a rush to get anywhere,
Fed cuts interest rates again — why you should refinance debt now
The coronavirus has wreaked havoc on the economy, and in an emergency response, the Federal Reserve slashed interest rates by a full percentage point—the second rate cut in two weeks and the largest in Fed history.
Fed Rate Cuts - Boom Or Bust?
In September 2024, Jerome Powell announced the first Federal Funds Rate cut in over four years. The Federal Funds Rate is a short-term rate related to the cost of debt in the American economy. Some expected the Federal Reserve to cut only 25 basis points,
Will home prices rise with more Fed rate cuts? Here's what experts think.
With the Fed cutting rates again, home prices are unlikely to remain the same. Here's what some experts are predicting.
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the coronavirus outbreak.
Fed’s Bostic Says He Favors Patience in Cutting Rates Further
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s not in a hurry to lower interest rates to the so-called neutral level, emphasizing that policymakers are committed to achieving their 2% inflation target.
Atlanta Fed's Bostic: 'I'm not in a rush' to get to interest rates down to neutral
I’m not in a rush to get to neutral,” Federal Reserve Bank of Atlanta President Raphael Bostic said of interest rates during a moderated conversation at an event hosted by the Mississippi Council on Economic Education in Jackson,
Why The Fed Matters More Than The President For Businesses
The Federal Reserve (the Fed), an independent agency of the United States government, wields immense power over the nation's ...
Several banks are still paying close to 5% for your cash, one month after the Fed cut rates
One month ago, the Federal Reserve cut its interest rates, lowering bank account rates. Find out how you can still earn a ...
The government is getting fed up with ransomware payments fueling endless cycle of cyberattacks
As ransomware cyberattacks escalate, government officials say companies are making bad decisions on the 'pay or not pay' ...
New NY Fed tool suggests balance sheet drawdown has more room to run
The Federal Reserve faces no imminent market liquidity challenges that could stop the ongoing contraction of its balance ...
The Labor Market Puzzle: Why The Fed May Be Flying Blind
The Federal Reserve has made it clear that as their confidence in the path of disinflation has grown, they have increasingly ...
Fed cut had 'psychological impact' on real estate: Redfin CEO
US pending home sales surged 2.5% in September, marking the largest monthly increase in over a year and a half, according to ...
Could the Lone Fed Dissenter Be in Line for a Powerful Role if Trump Wins?
In September, Ms. Bowman voted against the central bank’s decision to lower interest rates sharply. That stood out, because ...